TD Bank Jobs

Work Location:

Mount Laurel - 12000 Horizon Way

Hours:

40

Pay Details:

$86,840. - $130,000. USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Personal & Commercial Banking

Job Description:

The Small Business Credit Officer III acts as the final decision authority on small business loan applications while following sound lending practices, policies and procedures. The Small Business Credit Officer III ensures compliance with established underwriting guidelines, quality and production guidelines, as well as Federal Banking Regulations and Government Reporting requirements including but not limited to Fair Lending, Know Your Customer, Bank Secrecy Act and other applicable Anti-Money-Laundering policies.

Depth & Scope:

• Senior level loan decision authority up to position authority limits including independent exception and high risk authority as defined in credit policy

• Acts as a mentor and participates in the on-going development of the Underwriting Staff

• Conducts credit investigations and analyzes financial information pertaining to Small Business relationships with Commercial Credit exposure up to Small Business highest authority limits

• Assesses analysis prepared by underwriters for accuracy and compliance with policy, guidelines and procedures in all prepared loan recommendations to arrive at an appropriate credit decision; including historical financials, business and personal cash flow analysis, applications data, review of credit bureau and business bureau reports / Fair Isaacs Scoring Data, management profiles, and application data

• Notes any deviations from the small business loan policy, procedures and guidelines and identification / mitigation of key credit risks, and decision of appropriate structures in order to reduce credit risk

• Identifies small business credit applications that require Small Business Administration/Agency credit enhancements and decision respective applications accordingly

• Renders final credit decision within individual lending authority limits, based upon the strengths and risks, collateral analysis, historical financials, business and personal cash flow & balance sheet analysis, ratio & trend analysis, review of credit bureau and business bureau reports / Fair Isaacs Scoring Data, management profiles, business/product cycles, industry information, projected operating performance, application data and the ability to repay the proposed debt

• Considers and discusses alternative structures and overall assessments with market, sales personnel and Customers

• Sets conditions of lending and involved with post approval review with the post approval team to ensure conditions of lending are met or appropriately mitigated prior to loan closing

• On an as needed basis, underwrites Small Business Loans and performs historical business financial analysis and cash flows, including communicating with the borrower's accountant (as needed) to gain a better understanding of the company's accounting practices

• Meets turnaround requirements of a high volume loan production environment, while maintaining strong quality of work produced

• Maintains a satisfactory level of portfolio delinquencies and charge-offs.

• Ensures departmental compliance with TD Bank Credit Policy, Federal Banking Regulation and Government Reporting requirements.

Education & Experience:

• 4 year degree or equivalent experience

• 7-10 years related experience required

• Prior single signature lending authority required

• Thorough understanding of credit underwriting and industry practices

• Previous business and personal financial statement and cash flow analysis required

• Expansive problem solving skills and the ability to blend technical knowledge and good business judgment when making loan decisions

• Excellent communication skills, both verbal and written

• Excellent interpersonal skills, ability to motivate underwriters individually and in a team environment as well as flexibility to work with various levels of sales and market personnel

• Proven leadership skills including coaching, counseling and mentoring of underwriting staff

• Proven excellent organizational, multi-tasking, analytical, time management and decision-making skills

• Demonstrated ability to manage multiple priorities ensuring adherence to required turnaround times

• Comprehensive knowledge of commercial loan laws and regulations required

• Advanced PC skills (Microsoft Office)

• Small Business Administration/Agency experience preferred

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional

• International Travel – Never

• Performing sedentary work – Continuous

• Performing multiple tasks – Continuous

• Operating standard office equipment - Continuous

• Responding quickly to sounds – Occasional

• Sitting – Continuous

• Standing – Occasional

• Walking – Occasional

• Moving safely in confined spaces – Occasional

• Lifting/Carrying (under 25 lbs.) – Occasional

• Lifting/Carrying (over 25 lbs.) – Never

• Squatting – Occasional

• Bending – Occasional

• Kneeling – Never

• Crawling – Never

• Climbing – Never

• Reaching overhead – Never

• Reaching forward – Occasional

• Pushing – Never

• Pulling – Never

• Twisting – Never

• Concentrating for long periods of time – Continuous

• Applying common sense to deal with problems involving standardized situations – Continuous

• Reading, writing and comprehending instructions – Continuous

• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more (http://hrportal.ehr.com/tdtotalrewards)

Additional Information:

We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process

We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.